Martha Coakley Announces MA Suit Against Big Banks

[mikecfly]

Citi Bank always seems to be in the thick of it, bring em down Martha.

[Intoxikacion]

wow finally!!!

[HUMANSAREBENEATHME]

And yet another victory for the OWS movement,GO GET'M MARTHA!!

[richleon25]

Alleluia!!! Our mortgage failed to record title for 3 years, leaving the Registrars Office to question where mortgage payments were received. Title was then recorded by MERS when we stopped payments and the bank began the process of foreclosure in January of 2010. We filed Chapter 13 which "stayed" the foreclosure process on our property. "Quiet Title" filing will compel the banks to show transfer records, including the lapse in filing proper records, thus forfeiting their clam to our property.

[DollarSmart]

I love you, Martha!

[arfolc]

Hang the bastards, Hang em' high, Martha!

[daltonsbadboy]

Thank you Attorney General Martha Coakley...You are setting the example that I hope other States follow.

[88888FORCE]

President Obama on the American Jobs Act in Scranton, Pennsylvania

In his speech at Scranton High School, President Obama said, "There is nothing wrong with this country that we can't fix. We're Americans, and our story has never been about things coming easy to us. That's not what Scranton has been about. That's not what Pennsylvania, that's not what America is about. It's been about rising to the moment, and meeting the moment when things are hard. It's about doing what's right."

[88888FORCE]

In the first such lawsuit filed by a state, Massachusetts Atty. Gen. Martha Coakley claims that Bank of America Corp.,

Wells Fargo & Co., JPMorgan Chase & Co., Citigroup Inc. and GMAC Mortgage used fraudulent documentation in the foreclosure processes, took back homes without showing they owned the actual mortgages, and failed to uphold loan modification promises to borrowers in the state. Also named is the electronic mortgage registry known as MERS.

INFO-AWARENESS - VIKEN z KOKOZIAN

[88888FORCE]

Mass. sues big lenders

over foreclosure practices

BofA, Wells Fargo, JPMorgan Chase, Citigroup and GMAC are accused of fraud.

Dec-01-2011-- The lawsuit could serve as a road map for other states, including California.

The nation's five biggest mortgage lenders are facing a major legal challenge in Massachusetts to seek relief for homeowners foreclosed on during the housing crisis, a case that could have reverberations for consumers across the nation.

INFO-AWARENESS - VIKEN Z KOKOZIAN

[88888FORCE]

DJIA sinks as banks face foreclosure lawsuit

Dec-01-2011--The Dow Jones Industrial Average sank lower in late trading Thursday, as Massachusetts Attorney General Martha Coakley announced the state of Massachusetts would sue five major banks over alleged unlawful and deceptive foreclosure practices.

“The AG’s lawsuit seeks accountability for the banks’ unlawful and deceptive conduct in the foreclosure process, including unlawful foreclosures, false documentation and robo-signing, MERS.

[GKAHN187]

thank you Attorney Coakley. hopefully less people will be homeless, and the banks will be held accountable for being thieves.

[PORTUGAL1010]

When will there be an investigation into the courts that accept no evidence or fraudulent robo-signed, etc evidence?

[ghetto574]

@PORTUGAL1010 did you not just here what she said obviously the investigation started already otherwise she wouldn't have said bank name,please say no to drugs

[PORTUGAL1010]

Its ABOUT TIME - better late than never. Good for you AG.

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